Australia to mandate cash payments for essential purchases from 2026
Australia will introduce a nationwide cash mandate requiring major grocery and fuel retailers to accept cash payments from January 1, 2026, in a move aimed at protecting consumers who rely on physical currency for everyday
Why Australian workers are demanding pay transparency and would quit over unfair salaries
A growing number of Australian workers are demanding full salary transparency inside their workplaces, with new research showing a strong belief that pay secrecy primarily benefits employers — not staff. The findings, from recruitment firm
APRA to cap high-risk home loans amid housing boom
Australia’s banking regulator, the Australian Prudential Regulation Authority (APRA), will impose limits on high-risk home loans starting February 1, aiming to curb the rapid buildup of household debt. APRA announced that no more than 20
Australia faces shortfall in 2030 and 2035 climate targets, minister warns
Australia is projected to narrowly miss its 2030 climate target and is at serious risk of failing its 2035 target without significant policy changes, Climate Change Minister Chris Bowen has warned. Speaking to Parliament in
Australian inquiry alleges Mormon Church exploited tax loophole and operates as a cult
A government inquiry in Australia has received submissions claiming that the Church of Jesus Christ of Latter-day Saints (LDS Church), commonly known as the Mormon Church, functions as a cult and has allegedly exploited a
Inflation surge crushes hopes of interest rate cut in 2025
Australia’s inflation has risen again, effectively eliminating any realistic prospect of an interest rate cut in 2025 and even reviving concerns that the Reserve Bank may be forced to lift rates further. New data from
Albanese government retreats on rural speed-limit cuts after fierce backlash
The Albanese government has abruptly withdrawn its proposal to reduce rural speed limits to as low as 70 km/h, following a wave of public anger and rare internal dissent from Labor MPs. The plan, part
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The announcements were described as some of the most substantial interventions of the current parliamentary term.
First Greek defence and security micro-satellites successfully launched
Greece has officially entered the space age with the launch of its first Greek micro-satellites for Defence and Security on 28 November, from the Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in
Tsipras announces plans for a new “progressive party” focused on self-organization
Former Prime Minister Alexis Tsipras announced plans for the creation of a new political movement aimed at reorganizing the progressive space in Greece, during a high-profile event at the Pallas theater. Speaking in front of
Farmers stage roadblocks across Macedonia ahead of major protests
Farmers and livestock breeders in Macedonia and Thrace are preparing major roadblocks, with key sites targeted in Thessaloniki, Halkidiki, and the Evros region. On Friday (December 5), farmers from Epanomi, Trilofos, Vasilika, Halkidiki, Galatista, and
Chatzidakis: With a fairer system, the country will not lose a single euro in agricultural subsidies
Greek Deputy Prime Minister Kostis Chatzidakis provided detailed information on the government’s agricultural subsidy plan, following recent announcements. Speaking to Alpha TV, he said that Greek farmers will receive a total of €3.7 billion this
Greece holds Winter Olympic Games flame-lighting ceremony Indoors
The countdown to the Milan Cortina 2026 Winter Olympics begins this week as the Olympic flame is lit in Greece, marking the start of the torch relay. This year’s ceremony, normally held outdoors in Ancient
Salamina murder: security camera audio exposes 46-year-old daughter-in-law for brutal killing of 75-year-old
New evidence from security cameras has led Greek authorities to arrest a 46-year-old woman for the murder of her 75-year-old mother-in-law in Salamina, a killing she has now confessed to. According to police, a combination
Libya parliament speaker declares Turkey–Libya memorandum invalid, opens door to talks with Greece, Egypt and Turkey
Libya’s House of Representatives Speaker, Aqila Saleh, has publicly declared the 2019 Turkey–Libya maritime memorandum “invalid,” marking the first such statement in six years and signalling a potential shift in Libya’s approach to maritime disputes in the Eastern Mediterranean. Speaking to the Libyan News Agency, just days after an official
Megaquake warning issued for Nankai Trough in Japan
A powerful earthquake struck off Japan’s southern coast on Thursday, causing minor injuries and prompting concerns about future major quakes, particularly from the Nankai Trough. The quake, which registered a magnitude of 7.1, was centered
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
